Business Growth in Mooresville Creates a Strong Local Economy

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Mooresville Town Square
Ian Curcio

Shhhh! Don't tell Mooresville about the recession. Apparently, the nation's economic shock wave felt more like a hiccup here. Spring 2010 was the second year in a row that Site Selection magazine named the Mooresville-Statesville region No. 1 among the nation's top micropolitan areas (out of 576) for new and expanding business. Quality of life, workforce and location – just 45 minutes from Charlotte Douglas International Airport – were listed among the area's biggest strengths.

Manufacturing

Manufacturing remains strong in Mooresville and, in fact, accounts for a large portion of new business investment. Liburdi Dimetrics, maker of welding equipment, spent $3 million on its new plant in Mooresville, while BestSweet, producer of Baskin-Robbins hard candy and other tasty treats, recently invested $6 million in its existing facilities in Mooresville. A large number of specialty food items originate in Mooresville, including delicious Mooresville Ice Cream and handcrafted ales from Carolina Beer and Beverage.

NASCAR Fever

Of course, Race City USA is still earning its nickname. With more than 60 racing teams headquartered here, in close proximity to Charlotte Motor Speedway, Mooresville is home to a plethora of shops, suppliers and other racing-related businesses.

Retail Expansion

At the new Mooresville Town Square, shoppers will find a Lowes Foods, as well as an array of upscale specialty boutiques. The nicely landscaped retail development is on Williamson Road near Interstate 77. Downtown is also home to a lively retail mix, offering everything from prints and original watercolors at Cotton Ketchie's gallery to hooks for hanging your new artwork at D.E. Turner and Co. hardware store. Mooresville also is the nexus of operations for 1,710 Lowe's home improvement stores. The company's 400,000-square-foot headquarters here is enhanced by a seven-acre lake, walking trails and four acres of wetlands.  

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Wed, 02/28/2018 - 21:22